IDEAS home Printed from https://ideas.repec.org/a/jge/journl/843.html
   My bibliography  Save this article

Corporate Governance Mechanism and Firm Performance as Determinants of CEO Compensation: A Panel Data Analysis of Pakistani Listed Companies

Author

Listed:
  • zahid Irshad younas
  • Bilal Mehmood
  • Asal Ilyas
  • Haseeb Asif Bajwa

Abstract

Worldwide tourism is recognized by the governments as a sector with high potential for economic development and employment generation. International agencies like World Tourism Organization (WTO) have underscored the vast developmental potential of tourism particularly for the developing nations like India. It is estimated that economies like India and China would emerge as the superpowers in world tourism by the years 2020. In spite of the appreciable growth in tourism over the last few years and the excellent growth prospects of the industry, there are growing apprehensions regarding the sustainability of tourism as a development paradigm primarily because of the adverse environmental impacts of tourism. It is widely believed that environment friendly tourism alone can be sustainable for development in the long run, and accordingly the concept of ‘Ecotourism’ is gaining significance day by day. In this context, this paper seeks to make an overall review of the current status of Indian tourism and its broad trends and patterns with a focus on Kerala tourism and its major problems and prospects, and also to make an empirical study of a typical ecotourism destination viz. ‘Kumbalangi’ in Ernakulam district of Kerala state which is recognized as the first model tourism village in the whole of India..

Suggested Citation

  • zahid Irshad younas & Bilal Mehmood & Asal Ilyas & Haseeb Asif Bajwa, 2012. "Corporate Governance Mechanism and Firm Performance as Determinants of CEO Compensation: A Panel Data Analysis of Pakistani Listed Companies," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 8(4), pages 307-314, December.
    • Handle: RePEc:jge:journl:843
    as

    Download full text from publisher

    File URL: http://www.rcssindia.org/jge/index.php/jge/article/view/262/pdf
    Download Restriction: Only to subscribers
    File URL: http://www.rcssindia.org
    Download Restriction: Not freely downloadable
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Farzan Yahya & Zahiruddin B. Ghazali, 2017. "Effectiveness of board governance and dividend policy as alignment mechanisms to firm performance and CEO compensation," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1398124-139, January.

    More about this item

    Keywords

    Firm Performance; CEO Compensation; Corporate Governance; Board Size; Audit Expenditure;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jge:journl:843. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr J K Sachdeva (email available below). General contact details of provider: http://www.rcssindia.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.